managing director
/cloudfront-us-east-1.images.arcpublishing.com/tgam/RUTZATCRJVIS3JHFJRCDKRJ6IA.JPG)
Opinion: Business has a role to play in restoring Canadians’ faith in capitalism
Bank towers are shown from Bay Street in Toronto’s financial district, June 16, 2010.Adrien Veczan/The Canadian Press David Ryan is the Managing Director of Edelman Smithfield Canada The stress of the pandemic has frayed the social and economic fabric of Canada. We have witnessed an erosion of trust in Canadian institutions, including business, which has …
Frontier Energy Ltd Begins Commercial Operations as Strongly Supported $8M Fundraise Validates Clean Energy Strategy
The company is developing the Bristol Springs Solar Project, a large-scale solar energy project in the southwest of Western Australia, close to several industrial areas. Frontier Energy Ltd (ASX:FHE) has resumed trading on ASX following strong demand for an $8 million fundraise validating its new clean energy strategy. The company is developing the Bristol Springs …
Macquarie Asset Management appoints real estate capital raising specialist
Macquarie Asset Management has appointed Alex James to lead product development, capital raising and client coverage in Europe, the Middle East and Africa (EMEA) for its global real estate business. Alex joins as Managing Director and Head of Property, Client Solutions Group EMEA to lead a team of specialists focused on Macquarie Asset Management’s global …
Credit Clear wins new chairman and completes final round of fundraising for ARMA acquisition
Hugh Robertson has joined Credit Clear as non-executive chairman, while former chairman Gerd Schenkel will remain as non-executive director. Digital debt management company Credit Clear (ASX:CCR) has appointed a new chairman after completing the final stage of a $29.5 million fundraising round to fund its previously announced acquisition of the collections entity of Australasian receivables …
CTOS Digital shareholders approve purchase of RM205.8m stake in JurisTech and RM270m equity placement
KUALA LUMPUR (February 21): Shareholders of CTOS Digital Bhd on Monday (February 21st) approved its RM205.8 million acquisition of a 49% stake in Juris Technologies Sdn Bhd (JurisTech) as well as raising RM270 million RM via a placement of 166.7 million new shares to finance future acquisitions, during its extraordinary general meeting (AGE). On February …
Keep capital gains tax to spur buy-to-let: CFO
Last year the government suspended plans to reform capital gains tax, but industry experts warn the threat of a future rise could impact the private rental sector. In December last year, the Treasury ignored previous suggestions from the Tax Simplification Office (OTS) to reduce capital gains tax rates to the same level as income tax, …
Capital market without youth doomed participation—SEC
By Aduragbemi Omiyale The Securities and Exchange Commission (SEC) is working with other agencies to cleanse the Nigerian capital market of Ponzi schemes. SEC Managing Director Mr. Lamido Yugudu has expressed his displeasure with the proliferation of illegal fund managers in Nigeria’s investment climate. He lamented that the promoters of these schemes continue to defraud …
Capital gains tax warning from CFO celebrating…
A finance chief warns that the threat of possible capital gains tax hikes should be brushed aside by the government to help the buy-to-let sector. Jonathan Samuels, managing director of Octane Capital, said: “The government has done its best to curb investment in the private rental sector in recent years, with a series of legislative …
The National Assembly considers stricter regulation of the capital market
By Aduragbemi Omiyale The National Assembly (NASS) has pushed for stricter capital market regulation to attract a wide range of investment in a secure and transparent environment. According to the Chairman of the House Committee on Capital Markets and Institutions, Mr. Babangida Ibrahim, efforts should be made to further strengthen the current capital market regulatory …
Technology, others are transforming capital market operations – SEC
Posted January 20, 2022 The Securities and Exchange Commission said technology, innovative financial instruments and the impact of the COVID-19 pandemic are transforming capital market operations. The SEC said this while commending the Nigerian Exchange Limited, the Central Securities Clearing System and other capital market players who are working to develop the market while coping …
Hiremii Ltd strengthens its growth strategy with capital raising and a new CFO
“Following the recent acquisition of Inverse Group Pty Limited, the company now has the ability to offer Hiremii’s unique AI-based technology recruiting platform to a much broader customer base, providing them with faster and more profitable recruiting, ”said MD. Hiremii Ltd (ASX: HMI) has received firm commitments from institutional, professional and sophisticated investors to raise …
Bangladesh’s capital market has a turbulent year
[ad_1] The country’s capital market had another turbulent year with a 25 percent return in the main stock exchange’s core index despite feuds between the two concerned regulators over some policy issues. In the outgoing year 2021, the Dhaka Stock Exchange (DSE) also posted a decade-high daily turnover value as well as an increase in …
A good year for the capital market
[ad_1] The country’s Dhaka and Chattogram stock exchanges ended the year with their broad indices gaining a quarter as better-than-expected economic and corporate performance and low interest rates attracted a larger base of investors to equities. . DSEX, the general index of the Dhaka Stock Exchange (DSE), closed the year at 6,756 points on December …
Indian tech startups have peaked in 2021 with capital gains.
[ad_1] Indian tech startups took off in 2021 with capital gains on the private and public markets. The year saw leading companies including Zomato and Paytm debut on the stock exchange. Indian tech startups have been successful in raising a record amount of capital from private equity and venture capital firms. Investors, according to AVCJ, …
The CrownX Announces Final Fundraising of US$350 Million; Partners with TPG, ADIA and SeaTown
Ho Chi Minh City, Vietnam, December 13, 2021 /PRNewswire/ — Masan Group Corporation (FLEXIBLE: MSN, “Masan”) today announced the signing of a $350 million principal investment in The CrownX Corporation (the “Company”, “TCX”) by a consortium of investors, including TPG, Platinum Orchid (a wholly owned subsidiary of Abu Dhabi Investment Authority) (“ADIA”) and SeaTown Master …
Young people can take Nigeria’s capital market to the next level, says Osinbajo
[ad_1] Osinbajo expressed his point of view in his opening speech at the Nigerian Exchange Group (NGX) First Capital Markets Conference, which was held in Abuja on Wednesday, December 1, 2021. According to the vice president, “Every savvy investor must now seek to be part of the miracle of the Nigerian unicorns, the five or …
Capital gains for the Yorkshire brewery
[ad_1] X Sign up for free to receive the latest news straight to your inbox Register now Saltaire’s craft brewery, SALT, is expanding rapidly and plans to continue this growth nationwide, acquiring a brewery in London. Its expansion strategy follows three successful years for the brand. The newly acquired brewery, SALT London, based on White …
Chinese capital market helps achieve common prosperity goal (experts)
[ad_1] 05:52 The sixth plenary session of the 19th Communist Party of China (CPC) Central Committee, which ended last week, clarified the direction of China’s economic development for the next stage. In terms of implementing quality development, achieving the goal of common prosperity is the key to progress. China has contributed nearly a third of …
Archtis Ltd to Accelerate Growth Initiatives with A$8 Million Fundraising
“We were delighted to see such demand from national and international institutions following our recent decision to list on the OTCQB market,” says MD. archTIS Ltd has received firm commitments from domestic and international institutions as well as sophisticated investors to raise A$6.5 million through a strongly backed placement at an issue price of A$0.23 …
Archtis Ltd Accelerates Growth Initiatives With A $ 8 Million Fund Raising
[ad_1] “We were delighted to see such strong demand from national and international institutions following our recent decision to be listed on the OTCQB market,†said MD. archTIS Ltd has received firm commitments from national and international institutions as well as sophisticated investors to raise AU $ 6.5 million through a strongly backed placement at …
What’s next for income and capital gains tax?
[ad_1] The budget came and went and, pretty much as expected (given the important tax and national insurance announcements in March and September), nothing more important to financial planners was announced. Thus, in the spirit of doing the basics well in a context of apparent stability in relation to income tax and even capital gains …
Nigeria: Yuguda – Opening of the capital market to support the Lagos free zone
[ad_1] Kayode Tokede The Managing Director of the Securities and Exchange Commission (SEC), Mr. Lamido Yuguda said that the capital market is open for business and willing to provide all necessary support to the Lagos Free Zone, among other companies to access capital cheap needed to improve growth. Yuguda praised it during a joint SEC …
Yuguda: Opening of the capital market to support the Lagos free zone
[ad_1] Lamido Yuguda Kayode Tokede The Managing Director of the Securities and Exchange Commission (SEC), Mr. Lamido Yuguda said that the capital market is open for business and willing to provide all necessary support to the Lagos Free Zone, among other companies to access capital cheap needed to improve growth. Yuguda praised it during a …
Rashedul Hasan, CEO of UCB Asset Management
[ad_1] Contrary to many opinions, investment manager Shekh Mohammad Rashedul Hasan believes that the Bangladesh capital market offers a significant opportunity to build long-term wealth in a sustainable manner. “Our capital market is much more promising than it looks,” said Hasan, Managing Director and CEO of promising next-generation asset management firm, UCB Asset Management – …
Impedimed (ASX: IPD) share price drops after capital raising update
[ad_1] Image source: Getty Images The Restricted Limited (ASX: IPD) the stock price came out of a trading stop today to reverse mid-afternoon. It comes after the medical technology company provided an update on its recent capital raise. As of this writing, Impedimed shares are trading at 16.5 cents, down 2.94%. Hindered completes placement One …
Osinbajo to headline NGX Capital Market conference
[ad_1] Tuesday, Oct 26, 2021 / 1:28 PM / by NGX / Header image credit: Premium Times Nigeria Nigerian Exchange Limited (NGX) is expected to welcome the Vice President of the Federal Republic of Nigeria, His Excellency Professor Yemi Osinbajo, SAN, GCON, at the inaugural Nigerian Capital Market Conference on Tuesday, November 30, 2021. Theme …
Income Tax, Inheritance Tax and Capital Gains Tax to Increase AGAIN as UK Debt Explodes | Personal Finances | Finance
[ad_1] Today’s near zero borrowing costs saved the UK by lowering the cost of servicing our debts, but interest rates now look set to soar as inflation takes off. A financial expert warns that Sunak sleeps on a “bed of nitroglycerin” and that taxpayers will have to foot the bill if he explodes. The Bank …
E-cedi will boost the capital market – Zeepay MD
[ad_1] Zeepay Managing Director Andrews Takyi-Appiah said the introduction of electronic cedi (e-cedi) by the Bank of Ghana will help further boost the country’s capital market. He said the e-cedi would introduce digital transactions to the country’s capital market and automatically turn the market into a 24-hour platform where investors can trade at any time …
A solid base of institutional investors is necessary for a stable capital market: Salman F Rahman
[ad_1] Salman F Rahman, private industry and investment adviser to the Prime Minister, on Tuesday stressed the need to strengthen the base of institutional investors to stabilize the capital market. “We have a deficit of institutional investors, which is a big problem for the capital market,†he said, adding that 80% of investors are in …
Capital gains on shares hit their highest level in 7 months at 1.2 billion naira
[ad_1] * Development driven by the rebound in crude oil prices – Analysts By Nkiruka Nnorom The Nigerian stock market has rebounded dramatically, with figures for the third quarter of 2021 showing capital appreciation of around 1.196 trillion naira. Analysts attributed this development to the recent rise in international crude oil prices as the third …
E-cedi will boost the capital market –Zeepay MD
[ad_1] Zeepay Managing Director Mr. Andrews Takyi-Appiah said the introduction of e-cedi by the Bank of Ghana will help further boost the country’s capital market. He said the e-cedi would introduce digital transactions to the country’s capital market and automatically turn the market into a 24-hour platform where investors can trade at any time of …
Sipa Resources Limited suspended trading with pending capital raising news
[ad_1] The stop will remain in place until trading begins on Wednesday, September 22, 2021, or when the announcement is released to the market. ASX has granted Sipa Resources Limited a trading suspension with a pending fundraising announcement. The stop will remain in place until the start of normal trading on Wednesday, September 22, 2021, …
NAHO will organize workshops on cybersecurity for the capital market and others
[ad_1] By Ashemiriogwa Emmanuel With its massive support in creating jobs for Nigerians over the years, the Coca-Cola system in Nigeria, comprising Nigerian Bottling Company Limited (NBC) and Coca-Cola Nigeria Limited, has announced that it will invest $ 560 billion. naira in the country in five years. NBC chief executive Mr. Mathieu Seguin said this …
Aussie Broadband targets new growth after $ 114 million fundraising effort
[ad_1] Phillip Britt (Aussie Broadband) Credit: Aussie Broadband Aussie Broadband completed a $ 114 million equity offering to secure mergers and acquisitions (M&A), among other growth opportunities. The placement, which consisted of 28.5 million common shares at $ 4 per share, is also expected to be used for the development of new business and technology …
Why companies should frequent the Nigerian capital market
[ad_1] Wednesday, September 08, 2021 / 6:47 PM / Ottoabasi Abasiekong for WebTV / Header image credit: WebTV Investors support and show great interest in long-term financing geared towards specific projects covering areas such as electricity, housing and infrastructure, among others. The statement was made by the President of the Chartered Institute of Securities Brokers, …
Viva Leisure (ASX: VVA) share price drops 7% following capital raising efforts
[ad_1] Image source: Getty Images The Viva Loisirs SA The share price (ASX: VVA) is approaching its lowest level in 52 weeks today. It comes after the operator of the health club provided the market with an update on its latest capital increase. As of this writing, shares of Viva Leisure are down 7.60% to …
Indian companies prepare for ESG bonds in their fundraising plans
[ad_1] The growing importance of ESG or environment, social and governance (in corporate boards) in India is now also reflected in India Inc’s capital raising plans, companies India having raised nearly $ 5 billion through ESG bonds so far in 2021, more than the amount raised in any of the previous years. Indian companies raised …
Thailand PTTGC Excludes $ 4.75 Billion Capital Raise from Allnex Purchase
[ad_1] BANGKOK, July 13 (Reuters) – Thai Chemical Company PTT Global Chemical Pcl PTTGC.BK said on Tuesday it would not need to raise capital to fund a 4 billion euros ($ 4.74 billion) acquisition of German coating resin maker Allnex. Its shares rose 6% on Tuesday, recouping losses from a day ago as investors worried …
Thailand PTTGC excludes $ 4.75 billion fundraiser from Allnex purchase
[ad_1] BANGKOK (Reuters) – Thai chemicals company PTT Global Chemical Pcl said on Tuesday it would not need to raise capital to finance a € 4 billion ($ 4.74 billion) acquisition of the German maker of Allnex coating resins. Its shares rose 6% on Tuesday, recouping losses from a day ago as investors worried about …
Should investors participate in rural fundraising (ASX: RFF)?
[ad_1] Rural funds group (ASX: RFF) is raising funds to finance developments and acquisitions. Should investors join? Capital raising from rural funds Farm Real Estate Investment Trust (REIT) Unveiled $ 100 Million Investment capital raising through a non-waivable pro-rata accelerated right offer of 1: 8.4. Initially, the money will be used for three different reasons. …
FFX) share price drop following capital raising efforts
[ad_1] Image source: Getty Images The Firefinch Ltd. (ASX: FFX) The stock price came out of a trading stop today as one of the worst performers of ASX. It comes after the gold producer and lithium developer provided an update on its capital raising efforts. As of this writing, shares of Firefinch have fallen 8.89% …
MyState Limited Has Suspended Its Activities And Plans To Raise $ 80 Million | Avocado
[ad_1] news, local news, Tasmania, banking, MyState Bank, MyState, capital raising, home loans, Melos Sulicich, Miles Hampton MyState Limited will appeal to investors up to $ 80 million to put more cylinders on its powerful growth engine. The Tasmanian-headquartered banking and financial services company suspended share trading on Monday to allow the fundraising to be …
Jefferies Finance Announces Expansion of Capital Raising Efforts for Asset Management
[ad_1] Jefferies Credit Partners (“JCP”), a leading private credit manager and asset management arm of Jefferies Finance LLC, today announced the expansion of its capital formation capabilities and relationship team. investors with the addition of two senior hires. Jefferies Finance is a joint venture of Jefferies Financial Group Inc. (NYSE: JEF) and MassMutual. Charles Byrne …
Air New Zealand’s capital increase delayed
[ad_1] Air New Zealand has been given a three-month respite to better manage the amount of money it has to raise as it continues to spend money. The airline and its majority shareholder, the government, said on Friday they had agreed to delay a planned capital increase that was initially due to be completed by …
PNB share price gains over 4% on better earnings, capital raising plan
[ad_1] Punjab National Bank (PNB) share price gained in afternoon session today after the lender said it plans to hit capital markets in the fourth quarter this fiscal to raise funds. PNB share price rose up to 4.5% to Rs 36 against previous close of Rs 34.45 on BSE. The large cap share trades higher …